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Sprott Physical Silver Trust Net Asset Value Reaches $10 Billion
PSLV · Price
Executive Summary
- The Sprott Physical Silver Trust (PSLV) reported that its net asset value has exceeded US $10 billion.
- As of October 13, 2025 the trust held 202.6 million ounces of physical silver on behalf of unitholders.
- Options on the TSX‑listed ticker for PSLV began trading on the Bourse de Montréal on September 2, 2025, enhancing liquidity and market access.
Key Details
- NAV Achievement: NAV surpassed US $10 billion, marking a significant milestone for the trust.
- Silver Holdings: 202.6 million ounces of fully allocated, segregated physical silver held as of October 13, 2025.
- Option Listing: Options on PSLV’s TSX ticker launched on the Bourse de Montréal on September 2, 2025, providing additional trading instruments for investors.
- Management Comment: CEO John Ciampaglia highlighted all‑time high silver prices and surging demand as drivers of the trust’s performance.
Notable Quotes
“This is a significant milestone for the Sprott Physical Silver Trust and we would like to thank our unitholders for their trust and support,” – John Ciampaglia, CEO, Sprott Asset Management.
“Silver prices have recently set all‑time highs and demand for physical metal is surging.” – John Ciampaglia.